CONTRACT TO LEASE

A contract to lease is a form used to negotiate terms and conditions of the final lease agreement.

Contrary to popular belief (psycho agents) you DO NOT need to do a Contract to Lease, you can go straight to jail (Lease)

But if you do choose to use a CL; here’s what they will detail:

Lease terms
Rent payments/ Fees
Security deposit
Utilities
Equipment maintenance
Special clauses

You will also be required to fill out an Application to lease, they are used to determine the quality of the tenant.

Applications may ask some of the following basic questions:

Current landlord

Employment history

Bank & credit references

Background check

Keep in mind that if you are leasing in a condominium, they have separate applications and they could take as much as two weeks to approve and you will need approval for move in.

Some suggestions to follow:

Credit checks are paid by tenants

Protect your Social Security number, give out only if needed

Sign all applications

Contracts to lease are legally binding. If not fully understood, seek the advice of an attorney prior to signing.

If you have any questions drop me a note at javiergonzalezpa@bellsouth.net or call me at 305.582.5085

My Magic City Blog

February 2, 2012
Now where was I?: Oh yeah, Kick butt and taking names!

Folks, I'm sold out (of listings) so unless you want me to take my shirt off (this will not be pretty) and start cleaning pools, I need some homes to sell.

I'm not picky, they don't need to be a zillion dollars each; just some good, solid properties that we can show to qualified buyers.

You may have heard from other blogs/sources that inventory is getting tight. It is and we have settled into a pretty stable market that a lot of agents/folks have not seen before. In the good old days of Real Estate exploitation, inventory came up everyday; now it's different (wrote about it a couple of months ago).

As I like to say "we can't just call China and order 300 new places with 2500 sq ft, pool, garage on a 15k lot in south Grove/Gables". (you can in Palmetto Bay).

BUT the a lack of inventory does not mean that Sellers can start inflating prices (layoff the 400 a sq ft list price folks, buyers will not bite.).

So if you need/want to sell for traditional reasons, give us a call BUT if you "want to test the market", please call someone else.....I do not have the time.

BTW; Happy Ground Hog Day (and the Woodchuck says more winter, we need a Honey Badger!!!)

January 24, 2012
Kicking a little....: Real Estate butt!

We don't like to brag on this site but every once in a while we get hyped when we do our job well.

So since we don't have an "Abuelita", we'll pat ourselves in the back today

Last year we closed over 90 transactions and by the looks of things, we should go over a 100 this year.

5 pending Sales already and 3 closed, not bad for an old guy and his niece.

Thanks for the trust, we may lay low but you want us on your side.....more on this later.

BTW; we need listings..........

January 19, 2012
We Have to STOP!!!!!: Ok fellow Realtors, we have to stop the madness of taking listings at the "Sellers" recommended price.

I know the market is tight but......WTF, a couple of days ago we get these two beauties in Coconut Grove!

2300 sq ft at 1.1mil........470 a ft and 2300 sq ft at 360k..........165 a ft?

One is a psycho Owner, the other a psycho Bank, we have got to stop this.

BTW; Next post is going to be a bit insulting to some (gee what a surprise) but it goes to the 165 a ft list price.

It will be title "Compromising the social filter".............